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mayhemducks | 1 month ago

Interesting - The petroyuan was not on my radar at all.

https://ipr.blogs.ie.edu/2025/06/27/geopolitics-of-oil-how-c...: This article explores case studies such as Russia, Iran, and Venezuela, illustrating how the petroyuan has been implemented to bypass sanctions and reduce dependence on US financial systems.

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direwolf20|1 month ago

It's ironic, isn't it? After going to war so many times to protect the petrodollar, the US deleted the petrodollar itself.